We will explore how interest rate levels of Mortgages, Credit Cards, Auto Loans,and Student Loans effect the
- Total Dollar Amount of Loans
- Number of Loans
- Delinquency of Loan Payments
Our initial hypothesis is that high level of interest rates will lead to
- Lower Total Dollar Amount of Loans
- Lower Number of Loans
- Higher Delinquency of Loan Payments for each of the 4 types of loans we are analyzing.